Dogness International announces 1-for-20 share consolidation

Dogness International announced that the company’s board of directors approved on October 18 to amend its memorandum and articles of association. This amendment will result in a change to the company’s authorized shares and par value and effect a share consolidation of the company’s issued and outstanding Class A common shares at the ratio of 1-for-20 with the marketplace effective date of November 7.